AlJazeeraEnglish on 20 Jun 2011 - The regulatory body that oversees internet domain names, the Internet Corporation for Assigned Names and Numbers (ICANN) has voted to revamp the naming system for websites, allowing them to end with words like "apple" and "orange".It will accept applications for new suffixes from January 12 next year at $185,000 per domain.
Today, just 22 gTLDs exist -- .com, .org and .info are a few examples -- plus about 250 country-level domains like .uk or .cn. After the change, several hundred new gTLDs are expected to come into existence.
Al Jazeera speaks to Larry Magid,a Los Angeles-based technology journalist for more.